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Re:Think 9% inflation is bad? Try 90% by londgine on Sunday August 07, 2022 @02:59PM (#32378822)
> To facilitate the trades, they used “créditos,” the club’s own currency, printed onto white paper. Why not just use dollars? Or in general, why doesn't a store open that sells everything in dollars? What will they do with dollars? Pay their employees in dollars!

I would imagine that government employees, who must get paid in pesos would quickly exchange all their money in the black market for dollars. Everyone else would just use dollars. So why isn't that the case?

Re:Think 9% inflation is bad? Try 90% by pha392 on Sunday August 07, 2022 @11:42PM (#32382217)
In Argentina, we don't have enough small bills, or coins, to use dollars for everything.
Re:Think 9% inflation is bad? Try 90% by londgine on Monday August 08, 2022 @04:02AM (#32383302)
If the issue is denomination, what about using Chilean Peso? Currently the ratio is 7:1 and it is relatively stable to the USD.
Re:Think 9% inflation is bad? Try 90% by pha392 on Sunday August 07, 2022 @11:45PM (#32382228)
The "créditos" were used in 2001 crisis only in low-income sectors